Greece's Creditors Reach Aid Deal But Splits Linger

Agreement Promises to Clear Way for Delayed Loan Payments

By

Gabriele Steinhauser ,

Matthew Dalton and

Matina Stevis

Updated Nov. 27, 2012 9:34 a.m. ET

BRUSSELS—Greece's international creditors reached a deal to end an impasse over the country's rescue program and unlock long-delayed loan payments, though the plan left officials with a host of challenges that could derail efforts to cut the government's debt burden.

Finance ministers from the 17-country euro zone and the International Monetary Fund struck a deal in Brussels to cut Greece's debt to a target level below 124% of gross...